Pirelli Stock Rises Amid Stake Rumors and Acquisition News

By EC Assets · Published 3 July 2026

Pirelli shares are trading higher today due to market rumors regarding Czech billionaires and an acquisition. The stock's rise follows reports of interest from two investors in acquiring a stake in the company. Pirelli has also recently completed an acquisition of a minority stake in a spin-out company. Pirelli has acquired a 24.99% stake in RIDEsense, a start-up. RIDEsense spun out from the Department of Industrial Engineering at the University of Naples Federico II and MegaRide Group. This acquisition is part of a software collaboration. The agreement was finalized on July 2, 2026, in a transaction between Milan and Naples. The stock movement for Pirelli also reportedly stems from rumors involving Czech billionaires. Two investors have expressed interest in purchasing between 10% and 20% of Pirelli's share capital. This potential acquisition would be from Sinochem. Pirelli manufactures various tire products, including the Pirelli Diablo Rossi IV and the Pirelli Cinturato P7 C2. The Cinturato P7 C2 is described as a premium summer touring tire providing comfort and low noise. Pirelli also participates in automotive events, with the Audi RS 5 Avant joining the F1 Pirelli Hot Lap Program. The company also states that tire management will be decisive for the DTM event at Norisring from July 3 to 5. This article is intended for informational purposes only. It does not constitute investment advice.